With each passing day, more people want a credit card to enhance their financial power, enjoy more benefits, or achieve specific goals, such as traveling with discounts, receiving lifestyle perks, or simply having a higher credit limit.
If you are looking for a credit card that can provide a better lifestyle, sustainable financial life, more financial power, and without the burden of sky-high fees and interest, you are in the right place. The Capital One Mastercard Guaranteed is here to give you all that and more.
Are you ready to get your own credit card with many exclusive benefits? We explain exactly how the Capital One Mastercard Guaranteed works, its advantages, disadvantages, details, and why it can be useful for you. Also, read how to apply and other important information.
Capital One Mastercard Guaranteed
$59 annual fee Guaranteed approvalHow does the Capital One Mastercard Guaranteed work
You’ve probably clicked on this article to learn more about how the Capital One Mastercard Guaranteed works, and especially to understand how it can make your life easier and put financial power in your pocket. Well, all of that is true, and here I will tell you all the details about how it works.
The Capital One Mastercard Guaranteed is ideal for people who are new to credit, as well as those who have experienced bankruptcy and want to rebuild their credit score.
Approved applicants must provide security funds between $75 and $300, with limits reaching up to $7,000. Additionally, you will be covered by common carrier travel accident, baggage delay, and rental car damage insurance.
Main Advantages of using the Capital One Mastercard Guaranteed
The Capital One Mastercard Guaranteed is designed for people like you who need a comprehensive credit card to build a credit history and enjoy special advantages. Check out some of the key benefits you get with this amazing credit card:
- $59 annual fee
- No credit history
- Monthly Reporting
- Get Guaranteed approval
- No-Interest Grace Period
- Low Minimum Payments
- Get credit limit up to $7,000
- Establish or re-establish your credit
- Mastercard benefits including Zero Liability
- Extra purchase and travel benefits for unsecured cards
Once you have the Capital One Mastercard Guaranteed in your hands, you will be able to enjoy all this and more. The advantages of having this card are practical, especially for those who want to take advantage of the rewards and discounts it offers.
Cons for the Capital One Mastercard Guaranteed
The Capital One Mastercard Guaranteed has many advantages, but it also has some drawbacks that might influence your decision.
First, this secured card does not have a rewards package, which is common in many credit cards. Additionally, you will be subject to a 19.80% APR if you do not make your payments on time. This card also carries an annual fee of $59.
If those fees don’t weigh you down, you can go ahead and learn how to apply for the Capital One Mastercard Guaranteed.
How to Apply
To get the Capital One Mastercard Guaranteed, you can apply on the credit card’s website and fill out the forms. Approval does not take long, and you will soon receive a notification of approval or denial.
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